Page 11 - mccu retect

Building communities through

Glencoe Meadows sub-division

N 1990, the Manchester Co-
operative Credit Union (1977)
ILimited entered into an agree-
ment with the owners of Hill View
Farms in Manchester to purchase
43 acres of land.
The property is located just out-
side the town of Spaldings and
approximately two miles from
Christiana. It also adjoins the Percy
Junor Hospital and is in proxim-
ity to several primary and high
Glencoe
schools.
The main objective for acquiring
these lands was to meet the needs
of members who were desirous of Groundbreaking at Glencoe in 1994.
owning homes in the community,
where the cost of residential lots There were 15 lots that were re- first dwelling house on Lot No.
was at a treacherous peak. tained for commercial purposes, to 2. At present, there are 39 com-
On May 6, 1991, when the be developed by the credit union. pleted houses and 16 still under
Manchester Co-operative Credit A decision was however taken to construction in phase one, while
Union opened its doors, it had convert these into residential lots. there are six completed houses
entered a new phase, as mem- A new survey was done and this and two still under construction
bers were not only going to make number was reduced to nine resi- in phase two.
lodgements and payments; some dential lots. Members who have acquired lots
of them were, for the first time, In 1995, the project went into have lauded their credit union for
making down payments on what high gear with the erection of the venturing into such a project.
they say today is their most valua-
ble asset – a lot of land at Glencoe
Meadows.
In April 1992, the sale was put on
hold in order to accommodate the
contractors carrying out work on
the infrastructure.
The land was carved into 131 lots,
measuring between 10,000 and
17,000 square feet each.
The infrastructure was completed
in December 1993, and the remain-
ing lots were ready for sale. The
credit union management sought
to give the property a new name,
and after launching a competition
among staff, the name was changed
to Glencoe Meadows. It was a very
momentous occasion in the life of
the Manchester Co-operative Credit
Union (1977) Limited when the then
president of the board of directors,
Mr Balford Banton, turned the soil at
Glencoe. This marked the beginning
of the preparations for the site by
Guaran-Tee Construction Company
Limited.
By mid 1994, the National Water
Commission and Jamaica Public
Service Company were on site to
carry out their share of work.
In July 1995, the remaining lots
were sold and more than 40 pur-
chasers had possession of their
lots.
NAME OF FEATURE | THE GLEANER | SUNDAY, JUNE 20, 2021
MCCU 70TH ANNIVER S A R Y FEA TURE 11